Aben Resources announces that, further to its news release dated July 11, 2022, it has increased the unit portion of the non-brokered private placement to up to 7,000,000 units of the Company at a price of CAD $0.035 per Unit. Each Unit will be comprised of one common share and one transferable warrant, entitling the holder to purchase one additional common share for a period of 2 years at a price of CAD $0.05 per share [...]
Aben Resources announces that it has arranged a non-brokered private placement of up to 4,000,000 units of the Company at a price of CAD $0.035 per Unit and up to 4,000,000 flow-through units at a price of CAD $0.05 per FT Unit, for combined total gross proceeds of up to CAD $340,000. Each Unit will be comprised of one common share and one transferable warrant, entitling the holder to purchase one additional common share [...]
Aben Resources is pleased to announce initial field work has begun on the 2,826 hectare Slocan Graphite Project. Field reconnaissance, mapping, rock sampling, and evaluation of prospective drill sites for a potential fall drill program are the focus of this phase of exploration. Aben has sourced a drill contractor and the requisite personnel to facilitate drill-testing of the Slocan Graphite Property pending successful [...]
Aben Resources is pleased to provide an update on its 2,387 hectare Slocan Graphite Project located 34km northwest of Castlegar. The Project benefits from excellent infrastructure including forestry road access to the property, high-voltage transmission line within 1.2 km of the property boundaries and there is an existing graphite processing plant and facilities within 1.5 km west of the property (owned by Eagle Graphite [...]
Aben Resources Ltd. is pleased to provide an update on its Justin Gold Project, Slocan Graphite Project and Pringle North Gold Project. Justin Gold Project Update: On February 8th, 2022 Aben announced it had filed an NI 43-101 compliant Technical Report pertaining to the 100% owned 7,400 hectare Justin Gold Project in the Yukon. Since that date the Company has been in discussion with multiple potential partners regarding [...]
Aben Resources Ltd. has received and filed a NI 43-101 compliant Technical Report pertaining to Aben's 100% owned 7400 hectare Justin Gold Project in the Yukon. The Justin Property encompasses several historic Gold and Silver prospects and has been systematically explored by Aben since 2011. Aben has filed a permit application with the Yukon government to extend their right to explore the Property for an additional five [...]
Aben Resources Ltd. is pleased to provide an update on the Pringle North Project located 55 kilometers north of the prolific Red Lake Gold Camp in Ontario. The Pringle North Property straddles the interpreted northern extension of the deep-seated geologic structures that host many of the gold deposits within the Red Lake Gold Camp. The newly termed 'Red Lake Extension' is a crustal-scale extensional feature identified by [...]
Aben Resources Ltd. has received Regulatory Approval from the TSX Venture Exchange for the option agreement on the Slocan Graphite Property between Aben Resources and Eagle Plains Resources . Aben now holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia . The Slocan Graphite project consists of [...]
Aben Resources Ltd. announces that it has granted 2,345,800 incentive stock options to its directors, officers, employees and consultants. The Options are exercisable at $0.05 per share for a period of three years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. About Aben Resources: Aben Resources is a Canadian gold and graphite [...]
Aben Resources Ltd. has executed a formal option agreement with Eagle Plains Resources Ltd. whereby Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia . Under terms of the Agreement, Aben must complete $1,000,000 in exploration expenditures, issue 850,000 common shares and make $150,000 [...]
Aben Resources Ltd. is pleased to report that exploration in the Red Lake area has once again resumed as the fires have abated. As a result, the airborne magnetometer survey that Aben commissioned for its 100% owned Pringle North Property in Red Lake, Ontario has now been completed and detailed interpretive work is underway. Figure 1. Regional Location Map [...]
Eric Sprott announces that on August 21, 2021, 6,666,667 common share purchase warrants of Aben Resources Ltd., expired unexercised representing a decrease in holdings of approximately 4.8% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 6,866,667 Shares and 6,666,667 Warrants [...]